Answering ALL of the following questions

18. State 4 reasons why using RVUs is a good method for determining the relative value of each practice's contract and to determine the cost of providing a particular service procedure? 19. Using information from the table below calculate the Cost per RVU and the Cost for RVU 45380 (Colonoscopy with biopsy) Gastroenterology Associates of Central Georgia Total Practice Costs $2,500,000 Total RVUs performed by practice 43,000 Practice's "Cost per RVU" RVU for CPT Code 45380 12.36 Cost per CPT Code 45380 20. What does the "Current Ratio" measure? 21. a. Calculate the Current Ratio for Friendly Primary Care Practice from the table below: Friendly Primary Care Practice 2010 $2,525,000 $1,900,000 2011 Current Assets Current Liabilities Current Ratio $2,475,000 $2,275,000 b. Explain in your own words the difference between the two years. What does each year's ratio say about the practice? 22. How can you calculate your appointment availability? Why is it important to know this metric for your practice? What are some factors to consider when determining if your appointment availability ratio is what it needs to be? 23. How do you calculate your No Show appointment rate? Why is this calculation important? 24a. What customers should a practice consider surveying for customer satisfaction scores? b. What types of factors should be considered in the survey questions? 25. What is meant by the term "Dashboard". What are some factors to remember to make your dashboard successful in assisting you and your practice staff in understanding how well your practice is doing and to identify areas which need improvement